Archives: Daily Videos
list of daily videos
Dow Drops 530 Points
After a respite of hope, the DOW drops 530 points to close sharply lower on day as the FED raised interest rates while also noting the cuts are unlikely in 2023.
Powell Delivers
Powell delivered the expected 0.25 point hike on Wednesday and SPX closed the session down more than 1%. While I’m not certain what Thursday brings there is some real potential for continuation based off these signals…
Next Up, NKE
Nike saw some interesting movement against the Voodoo Lines after their earnings were released. With a confirmed failure at one of our most critical levels, this name could be looking for lower prices.
Confusing Fed Speal leads to a sharp sell-off near the close
With the FOMC saying one thing, and Janet Yellen saying something else, traders sold the markets, and will ask questions later.
Fed’s Powell Speaks
Today we heard from the FOMC with it’s rate decision and then the Q & A presser afterwards. All in all things were fine until Powell spoke at which time the SPX lost about 100 points. Where to go from here? Well, lets take a look…
The Song Remains The Same.
In this video, we look at today’s wild price action from the FED meeting. The FED decided to raise interest rates another .25 bps which was widely expected. The fireworks started after the meeting with Powell’s commentary and the market did not like the results. I thought we would get more clarity from this meeting, but unfortunately, the song remains the same. We are back where we were before the meeting and back to wait and see mode. We will continue to trade this market as we have been doing, taking only solid set ups, and using tight stops and solid trade management to reduce risk.
Another FED Day, Another Crazy Market Move.
In this video, we look at today’s wild price action from the FED meeting. The FED decided to raise interest rates another .25 bps which was widely expected. The fireworks started after the meeting with Powell’s commentary and the market did not like the results. I thought we would get more clarity from this meeting, but we are back where we started and back in wait and see mode. We will continue to trade this market as we have, taking only solid set ups, and using tight stops and solid trade management to reduce risk.
All Eyes On Powell
With the rate decision that will set the tone for like the remainder of 2023, we take a look at what has been baked-into-the-cake before tomorrow big event.